SouthwesternEnergy Co.'s tenderoffers of up to $750 million of its outstanding senior notes havebeen amended to extend the period of receipt of validly tendered notes eligiblefor an early tender premium.
The notes validly tendered by July 15 will now be eligibleto receive the early tender premium of $30 for every $1,000. The previous cutoff had been on July 13. There are no amendments to the financing condition ofthe tender offers, according to a July 14 news release.
The tender offers are composed of $350 million of 3.30%senior notes due 2018, $600 million of 7.50% senior notes due 2018 and $850million of 4.05% senior notes due 2020.
Credit Suisse Securities (USA) LLC and Mitsubishi UFJSecurities (USA) Inc. serve as the lead dealer managers in the amended tenderoffers. D.F. King & Co. Inc. remains as both the tender agent andinformation agent.